NOT LISTED FOR SALE

14152 Pacific Ave Westminster, CA 92683

9 Beds
8 Baths
4,320 Sq Ft
0.27 Acres

Last Sold February 28, 2017

Last sale price $1,495,000 $346 Per Sq Ft

42 Days on Market

Highlights

  • Corner Lot
  • Helen Stacey Intermediate School Rated A-
  • Wood Burning Fireplace

About This Home

As of February 2017

Cash Flow! NAI is pleased to present the exclusive sale of a 4 + 1 (Non Conforming) Unit apartment complex is desirable Westminster, CA. The property features interior washer / dryer hookups with central heating and individual water heaters in most of the units. There are 6 garages spaces in addition to 2 open spaces. There is upside in rents as well. New ownership can place new, 30 year fixed 1-4 unit residential financing on this asset

Last Agent to Sell the Property

Stephen Heri

S A Heri, Inc. License #01871726 Listed on: 01/05/2017

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.27 Acre Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,320 Sq Ft Home
  • Wood Burning Fireplace

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 8 Bathrooms

Utilities

  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 859
  • Assessor Parcel Number 09634218

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 5 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,431
  • Other Expense $3,700
  • Water Sewer Expense $720
  • New Taxes Expense $16,262
  • Operating Expense $22,113
  • Gross Income $4,380
  • Net Operating Income $69,567

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.27 Acres

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Property Type: Residential Income
  • Parcel Number: 09634218
  • Year Built: 1977
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Wood Burning
  • Price Per Square Foot: 346.06

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 11761.00

Multi Family

  • Gross Income: 4380.00
  • Gross Operating Income: 87300.00
  • Gross Scheduled Income: 94380.00
  • Insurance Expense: 1431.00
  • Net Operating Income: 69567.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 5
  • Number Of Units Total: 4
  • Operating Expense: 22113.00
  • Other Expense: 3700.00
  • Other Expense Description: Mnt&Gard
  • Rent Control: No
  • Total Actual Rent: 7500.00
  • Total Expenses: 22113.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 16262.00
  • Tax Census Tract: 998.02
  • Tax Lot: 22
  • Tax Tract Number: 859
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2017 02/28/17 Sold $1,495,000 0.0% $346 / Sq Ft
02/16/2017 02/16/17 Pending -- -- --
01/05/2017 01/05/17 For Sale $1,495,000 0.0% $346 / Sq Ft
06/15/2013 06/15/13 Rented $1,650 -15.4% --
06/08/2013 06/08/13 Under Contract -- -- --
01/21/2013 01/21/13 For Rent $1,950 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $21,505 $1,735,072 $1,476,876 $258,196
2024 $21,505 $1,701,051 $1,447,917 $253,134
2023 $20,781 $1,667,698 $1,419,527 $248,171
2022 $20,457 $1,634,999 $1,391,694 $243,305
2021 $19,928 $1,602,941 $1,364,406 $238,535
2020 $19,702 $1,586,505 $1,350,415 $236,090
2019 $19,489 $1,555,398 $1,323,937 $231,461
2018 $19,492 $1,524,900 $1,297,977 $226,923
2017 $16,075 $1,250,000 $1,012,202 $237,798
2016 $9,240 $641,110 $360,647 $280,463
2015 $9,102 $631,480 $355,229 $276,251
2014 $8,923 $619,111 $348,271 $270,840
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17003539

California Regional Multiple Listing Service (CRMLS)

APN: 096-342-18

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